John E. Deaton, the lawyer representing XRP holders in the motion, says he also has notified the Securities and Exchange When you have a massive exhibit w/hundreds thousands of pages, the system cant handle all as one exhibit and must be broken up. If the motion is approved by Judge Torres, XRP holders will be able to appear as third-party defendants in the lawsuit. At time of writing, Deaton hasnt officially confirmed whether he will appear to testify, but he told Brakey that he would get in touch with him to discuss further. He said that this would make a huge difference since there would be a massive exhibit with hundreds of thousands of pages. Every new development in this case is highly anticipated. Much of He understands that each client has special and unique personal and professional experiences each of which impacts the very nature of each legal matter pursued. Anita Jains practice focuses on litigation in the areas of real property, title, mechanics liens, complex business commercial disputes, and civil appeals. Already a subscriber? Law Journal: New England Journal of Criminal and Civil Confinement Eastern Michigan University, 1989 29 Apr 2023 17:00:14 John E. Deaton, the attorney who has previously filed a Motion to Intervene in the name of XRP holders, admitted that it is a big deal to subpoena a former high PLEASE NOTE: A verification email will be sent to your address before you can access your trial. Garlinghouse also noted there would be no "regard" for those affected by the SCE's actions, drawing attention to the agency's blatant lack of concern for individuals and companies that have been hurt by its harsh approach. Fax: (401) 351-6401. Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. Deaton tells his 262,100 Twitter followers that the US crypto exchange will emerge victorious in the lawsuit seeking to compel the SEC to disclose whether it has accepted or denied a Crypto lawyer and XRP supporter John Deaton is giving his take on when Ripples legal tussle with the U.S. Securities and Exchange Commission (SEC) could end.. Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox Crypto Market News: The turmoil in banking sector came as a boon for the crypto market, as Bitcoin price took off over concerns of regional bank collapse in March 2023. Maine Senator Eric Brakey says he will be presenting L.D. According to attorney Deaton, he purchased his first XRP coins in 2016 due to the assets use for cross-border payments and settlements. Deaton supported his assertion by mentioning four instances where different judges found the SECs arguments to be meritless. Attorney John Deaton, who represents over 63,000 digital asset holders in an ongoing action against the SEC, has compiled evidence that SEC officials may have colluded with outside parties to regulate cryptocurrencies in line with their personal financial interests. Pro-XRP lawyer John Deaton has explained how Coinbase has solid grounds and how the crypto industry will eventually triumph in the court. Interestingly, as of today, there are now over 70,000 XRP holders who have joined Deatons class action against the SEC. XRP Crypto News: John Deaton, the lawyer who represents hundreds of XRP token holders in the ongoing Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC), said there was no truth to the perceived notion of Bitcoin and digital assets being a threat to the US financial system and the US Dollar. According to Deaton, Genslers views imply that the SEC might find grounds for a crackdown on cryptocurrencies in various circumstances. ), SEC loses bid for Ripple legal docs in $1.38 billion XRP battle Deaton went on to explain that the final proofreading could be ongoing or that the Judge could be in the proofreading stage. The lawyer also criticized the SECs stance that crypto projects must seek contact with the authority but ultimately do not receive resilient legal information. The XRP holders including Deaton's daughter, Jordan, said in their bid to intervene in the case that the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued. An incorrect link to a court document has also been replaced. Prior to establishing DLF, John worked for a By Nicholas Say March 16, 2021. The Deaton Law Firm can help you navigate the legal landscape when filing a claim. https://www.crypto-law.us/the-ethereum-free-pass-fair-notice-and-the-fight-ahead/. Mar 2006 - Present17 years 2 months. A slew of measures initiated by the US Federal Reserve and easing market conditions were believed to be saving the US banking sector from a widespread banking collapse. Blockchain Regulators Deaton has discussed his opinions on every possible outcome. Crypto Market News: The turmoil in banking sector came as a boon for the crypto market, as Bitcoin price took off over concerns of regional bank collapse in March 2023. In order to ensure that justice is served during this time of medical crisis, a mesothelioma lawyer should be hired. Its understandable for one to believe many of these tokens have been offered and sold as securities at some point. Attorney Deatons Push for Justice Meanwhile, attorney Deaton is determined to get justice for XRP victims of the SEC lawsuit, and the process has continued to gain momentum. 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East Providence Rhode Island Mesothelioma Lawyers, Providence Rhode Island Mesothelioma Attorneys, New Bedford Massachusetts Mesothelioma Law Firms, Wellesley Massachusetts Mesothelioma Lawyers, Quincy Massachusetts Mesothelioma Attorneys. XRP Crypto News: John Deaton, the lawyer who represents hundreds of XRP token holders in the ongoing Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC), said there was no truth to the perceived notion of Bitcoin and digital assets being a threat to the US financial system and the US Dollar. According to Deaton, the law is on the side of the US crypto exchange. Ferez-vous la mme chose? Ripple and XRP Altcoins Their general counsel and their CEO have publicly stated that they would settle today if the SEC would agree to ongoing future sales secondary market sales.. "My daughter is an example of an XRP Holder who had never heard of Prior to establishing this law firm in Rhode Island, John Deaton was in the United States Marine Corp. At the heart of the SECs case against Ripple, a dispute over legal advice. Regarding the XRP case, it is interesting to note that Deaton filed a groundbreaking lawsuit on behalf of XRP, seeking to have the SEC amend its complaint against Ripple by only focusing on XRP I got that at zero thats now maybe I shouldnt have it that low, but thats how confident I am about that meaning, that ridiculous theory of theirs, he added. John Deaton, founder of CryptoLaw and a pro-XRP lawyer, recently expressed his belief that the United States Securities and Exchange Commission (SEC) would lose its case against Ripple. The pro-XRP attorney and CryptoLaw founder expressed this in a John E. Deaton filed a motion to intervene in the Ripple case against the SEC yesterday on behalf of 6,000 XRP investors to date. La personne qui a lanc cette ptition a dcid d'agir. Deaton further pointed out that Gensler seems content with using the Howey Test, an outdated method from the first half of the 20th century, to try and prove that all cryptosapart from Bitcoinmust be illegal without SEC approval. Deaton has discussed his opinions on every possible outcome. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Exclusive news, data and analytics for financial market professionals, Law firms and corporate law departments find strategic partners in ALSPs, US regulation after SVBs collapse: What regulators can do and where Congress needs to act, Ransomware & crypto: The growing compliance challenge, Insights in Action: Corporate law departments find their outside firms innovation lagging, but there may be little incentive to change, SEC loses bid for Ripple legal docs in $1.38 billion XRP battle, At the heart of the SECs case against Ripple, a dispute over legal advice, American Airlines pilots authorize a strike mandate, Regulators seize First Republic Bank, sell assets to JPMorgan, Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale, JPMorgan's takeover of First Republic fuels M&A expectations. This comes amid reports that the banks seizure would soon be initiated by the Federal Deposit Insurance Corporation. Mesothelioma is a form of rare and deadly cancer that results from years of exposure to asbestos. Law360 provides the intelligence you need to remain an expert and beat the competition. Bitcoin Price Prediction: BTC's Roller Coaster Ride - Recovering After an 8% Drop, Will It Reach 30K Today? Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Second, Judge Analisa Torres can decide that Ripple violated the law when it first started out for a specific time but come to the conclusion that XRP doesnt count as security in secondary market transactions now. John Deaton, crypto lawyer and founder of legal and regulatory digital asset news company CryptoLaw, has praised XRP holders for their support in the ongoing Ripple lawsuit. He brings the same dedication he had in the Marine Corps to his practice as a Rhode Island Mesothelioma attorney. Although sealed, it has been filed as ECF 655-1-26. Check Price Action WebJohn Deaton of the Deaton Law Firm, an asbestos litigation firm based in Rhode Island, represents the proposed intervenors including his daughter, Jordan. The SEC sued the San Francisco-based company and its current and former chief executives in December, alleging they have been conducting a $1.3 billion unregistered securities offering since the token's creation. Today, we have a fresh update for you. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Our Standards: The Thomson Reuters Trust Principles. 20-CV-10832. In a Saturday tweet, Deaton mentioned that 3,000 XRP holders' affidavits had been submitted by Ripple. Founded in 2006 by managing partner John Deaton, the Deaton Law Firm has litigated tenaciously on behalf of their clients suffering from Mesothelioma and other asbestos-related illnesses. East Providence, RI Mesothelioma Attorneys. In a tweet yesterday, CryptoLaw founder and pro-XRP lawyer John Deaton explains what prompted his decision to purchase XRP, the sixth-largest cryptocurrency by market capitalization. Similarly, XRPs use case would , 2023 CoinMarketCap. 70,100 as of now. WebCOURT OF APPEALS SECOND DISTRICT OF TEXAS FORT WORTH NO. The outcome of the Ripple v. SEC litigation, which is soon to be decided, has everyone on the edge of their seats. If youre diagnosed with mesothelioma, contact the Rhode Island mesothelioma attorneys at the Deaton Law Firm. Share article on social media or email: View article via: 29 Apr 2023 17:00:14 By limiting the number of cases, we can provide personal attention, comprehensive case work-up, expedited trial dates, and maximum financial compensation. After spending seven years on active duty as an officer in the U.S. Marine Corps, Mr. Deaton turned his attention to representing victims of asbestos. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. I am the owner of the Deaton Law Firm, which specializes in representing mesothelioma victims who were exposed to The Deaton Law Firm strives to seek justice for victims and families. Law360 takes your privacy seriously. He has also interviewed a few prominent experts within the cryptocurrency space. All trademarks and copyrights on this page belong to their respective owners. Nevertheless, despite the fact that the case was far along, the attorney expressed optimism that the parties may reach a settlement before a summary judgment, stressing that the plaintiffs were prepared. Attorney John E. Deaton has asserted that judges would be forced to draw attention to perceived lack of allegiance to the law, overreach, and inconsistent statements from the United States Securities and Exchange Commission (SEC) in its crypto enforcement actions. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label. "There is no recourse, there is no consequence to those that brought this lawsuit. Would you be able to testify this Tuesday morning to the first proposed cryptocurrency policy for Maine LD 990, Special Purpose Depository Institutions for Digital Assets.. You have to know whats happening with clients, competitors, practice areas, and industries. Does this Mesothelioma Lawyer listing belong to you or your company? John E. Deaton, Managing Partner at The Deaton Law Firm and lawyer for approximately 11,000 XRP holders in the context of the SEC v Ripple lawsuit, has stated WebJanice Deaton is a criminal defense attorney with over 30 years experience. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory developments for digital asset holders, and the host 990 to the Maine Financial Services Committee on April 4th. In a recent tweet, the Crypto Law founder called on the XRP community to provide info about Ripple, Bitcoin, and Ethereums market capitalization as of January She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Following recent details and revelations, the Ripple community continues to enquire why a case has not yet been established against Hinman by the blockchain companys attorneys.. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Futuremash Commenting on why Ripples attorneys have chosen not to sue Hinman, attorney John Deaton, a lawyer representing 65,000 XRP holders, noted that The SECs pursuit of a policy objective isnt about a faithful allegiance to the law. The regulatory agency filed a lawsuit against Ripple and its executives in December 2020, alleging the sale of XRP constituted an offering of unregistered securities worth over US$1.38 billion. Click here to login, 2023, Portfolio Media, Inc. | About | Contact Us | Legal Jobs | Advertise with Law360 | Careers at Law360 | Terms | Privacy Policy | Cookie Settings | Help | Site Map, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). "We were all granted amicus status today!" Attorney and XRP supporter John Deaton is optimistic that Coinbase will prevail in its lawsuit against the U.S. Securities and Exchange Commission (SEC).. All quotes delayed a minimum of 15 minutes. He had seven years of active duty, at which time he was a federal prosecutor and criminal defense attorney. The truth is the SEC does not have clean hands and has not and is not honoring its mission to protect investors. This could include situations involving Twitter appearances, software updates, or legal teams, which Gensler and the SEC might consider sufficient for suspecting a crypto asset as securities requiring registration. The SEC under Gary Gensler has refused to address these troubling questions, resisted Freedom of Information Act (FOIA) requests and ignored media reports. Coinbase has taken legal action against the Securities And Exchange Commision (SEC) due to their lack of response to their filing, which they claim is the primary reason for their decision. In a tweet yesterday, CryptoLaw founder and pro-XRP lawyer John Deaton explains what prompted his decision to purchase XRP, the sixth-largest cryptocurrency by market capitalization. Read on. Deaton tells his 262,100 Twitter followers that the US crypto exchange will emerge victorious in the lawsuit seeking to compel the SEC to disclose whether it has accepted or denied a petition that Coinbase filed in 2022. Which one of these outcomes do you think is the most plausible one for the Ripple vs SEC lawsuit? The law firm serves clients throughout Rhode Island, New England, and the surrounding areas, as well as national clients. Looks like 3K XRP Holder Affidavits were submitted by Ripple," hesaidin a tweet. John E Deaton (@JohnEDeaton1) March 31, 2023. Honors: Magna Cum Laude, Our Deaton Law Firm family is committed to finding justice for yours. Although the XRP community seems to believe that the U.S. SECs lawsuit against Ripple does not go to verdict, American lawyer John Deaton, the owner of the Deaton Law Firm, now thinks that we will get a decision by Judge Torres. As you may remember, on 22 December 2020, the SEC announced that it had filed an action against Pro-XRP lawyer John Deaton has been asked to testify in favor of a new bill in Maine that aims to support the adoption of cryptocurrencies and digital assets. (Reuters) - A group of individuals who own digital tokens associated with Ripple Labs Inc can offer their "meaningful perspective" in the U.S. Securities and Exchange Commission's case accusing the company of violating securities law, a Manhattan federal judge ruled on Monday. WebDeaton Law Firm. Elena is an expert in technical analysis and risk management in cryptocurrency market. The SEC's enforcement actions on cryptocurrencies have involved the appearance of improprieties and conflicts of interest among officials, and should be investigated. Crypto Market News: The turmoil in banking sector came as a boon for the crypto market, as Bitcoin price took off over concerns of regional bank collapse in March 2023. According to Deaton, firstly, the judges declaration that there was no investment contract and no obligation to fulfill after the duty sale would result in an overwhelming victory for Ripple. He claimed that in the Ripple lawsuit, the judge shamed the SEC for not having a faithful allegiance to the law. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security. John Deaton, a prominent highly-respected attorney closely monitoring the U.S. SECs lawsuit against FinTech firm Ripple, has shared his thoughts on why XRPUSDT and ETHUSDT should not be considered securities.. Deaton, Managing Partner of Deaton Law Firm, is the founder of CryptoLaw, a website focusing on U.S. legal and regulatory Clayton should not have voted b/c his law firm represented Consensys and brokered the purchase of Quorum between Consensys and JPMorgan, which was pushing JPMCoin - a direct competitor to Ripple and XRP as you can see. In response to the U.S. Securities and Exchange Commission's motion for summary judgment, Deaton said that hundreds of exhibits had been filed as Ripple and individual defendants submitted memorandums of law over the past week. Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts. Torres ruled they will only be allowed to make legal arguments on issues such as whether the case should be dismissed. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. In a tweet shared by attorney Deaton today, a total of 70,100 XRP holders from all 50 states in the U.S. and 141 countries around the world have joined his lawsuit against the commission. John earned the rank of Major and was awarded the Meritorious Service Medal and Navy Marine Corps Commendation Medal.
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